Consortium System in July/2024: economic data

jisansorkar12 · Post by **jisansorkar12** » Sun Feb 02, 2025 4:22 am

The Consortium System ended the month of July achieving excellent performance in its indicators. The highlight was the volume of credits made available, which grew 17.3% compared to the accumulated amount from January to July 2023.

In terms of traded credits, resulting from quotas sold, the increase was 13.2%, reaching R$201.65 billion. The sales that generated this business volume, 2.50 million quotas in the seven months of 2024, a 4.2% increase over the 2.40 million traded in those months last year.

Data from ABAC 's economic advisory board show that, from uganda whatsapp list January 2022, when it had 8.21 million active participants, until July 2024, when it reached 10.70 million, the consortium completed thirty-one consecutive months of constant growth, reaching a 30.3% increase. There was only one decline in April last year.

Check below the summary of the Consortium System's performance from January to July 2024. The data comes from ABAC's economic advisory and is compared to the same period in 2023.

See below the performance of each segment of the Consortium System. To better understand these numbers, we recommend reading this post.

Consortium System by segment
Light Vehicle Consortium
The light vehicle consortium, the largest segment in terms of the number of active members in the Consortium System, surpassed the mark of one million quotas sold. Despite the 13.5% drop in the average ticket, the credits sold totaled close to R$70 billion. The light vehicle consortium also recorded advances in the indicators of active participants, contemplations and credits made available.

Motorcycle Consortium
At the end of July, the second largest segment in terms of active participants reached nearly 3 million members. Both memberships and business registered growth from January to July. There was also an increase in the number of members awarded and in the credits granted during the period. The average monthly ticket showed an increase of 9.0% compared to July 2023.